First Time Homebuyers Tax Incentive

Profile picture for serrant
I hope to find the right home in the next few months. Does anyone know if the First time Homebuyers tax incentive will be back next year? I'm not sure what the 'talk on the street' is about it.
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October 26 2010 - Washington
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Profile picture for MikeEmery
There are currently no plans in congress for another tax credit. Being an election year, any chance of a tax credit would be dependent on who wins the House and Senate.
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October 26 2010
Profile picture for dcrealestatequeen
FYI, the DC first-time home buyer credit of $5000 has been extended through 2011.
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March 17 2011
Profile picture for 1stTimebuySpecialist
I don't think we will see the tax creedit come back, if you are considering buying in Maryland you may have some options. The Maryland Mortgage Program administered by the CDA has great rates 3.875% 30 year fixed with zero points. and you can get $5,000 towards downpayment or closing costs. There is more money available for certain borrowers. I'd be glad to help or answer your questions if your interested.Thanks Gordon
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November 10 2010
Profile picture for Lee Stillwell
There is no reason to think it will be back. Even without it , its a great time to buy.
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October 27 2010
Profile picture for stevedean
If you're considering purchasing in the District of Columbia, the First Time Homebuyer's Tax Credit of up to $5,000 is available through 12/31/2010. 


For more details, see: [link removed by moderator]


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October 26 2010
Profile picture for dacolan
If the politicians have learned anything from the results of the last subsidy, it ain't gonna happen. Unfortunately, anything's possible based on the recent history of utter incompetency.
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October 26 2010
 

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